NutriQuest Business Solutions publishes weekly weaner pig profitability calculations which uses industry representative production costs and futures pricing for lean hogs, corn and soybean meal, using historical basis assumptions, to establish approximate profitability and break-even pricing for the current sale or purchase of weaner pigs. Prices are based on closing futures prices on Feb. 27 and assumes CME Lean Hog Index cost and historical basis assumptions.
When you consider that today’s purchased weaner would be sold in August 2026 using August 2026 futures, the weaner breakeven was $109.30, up $2.64 for the week. Feed costs were up $1.09 per head, and August futures increased $1.78 compared to last week’s futures, while historical basis is unchanged from last week.
The “weaner pig breakeven” is an all-in break-even considering fixed costs (e.g., housing and labor) that would be incurred by the buyer. However, many buyers of weaners have empty space and therefore will incur these fixed costs whether the buildings are stocked with weaners. For those producers with empty space, the maximum price a buyer could pay for a weaner pig and breakeven is the “margin over variable costs,” which is $135.41.
Note that the weaner pig profitability calculations provide weekly insight into the relative value of pigs based on assumptions that may not be reflective of your individual situation.
From the National Direct Delivered Feeder Pig Report
Cash-traded weaner pig volume was above average this week with 85,350 head being reported which is 123% of the 52-week average. Cash prices were $102.43, down $6.99 from a week ago. The low to high range was $84 to $124. Cash prices were 93.38% of average 6-month Lean Hog Futures for the week.
Formula-priced weaners were up $1.77 this week at $76.86.
Click here to see more...